"Occupiers" push Nov. 1 for U.S. to stop paying mortgages en masse.

if you haven't seen this short 60 minutes episode yet, you will sure get a kick out of it, another related one is about a mass of homes that they cant find out who even owns the mortgage, well worth the watch !

Homeowners who don't pay their mortgage ought to be kicked out or straight to jail , whatever happened to personal responsibility in today's world ? Idiot homeowners who bought between 2004 and 2007 are a big part of our problems . Subprimes and ninja loans were great actually for people who needed them ( those with no credit history like immigrants, day laborers etc) , but idiots got way over their head and did not understand they were buying into a bubble. So now if you want to buy a house and have a patchy employment history or credit history forget it. And the govt wants to bail out all the idiots.

Homeowners who don't pay their mortgage ought to be kicked out or straight to jail , whatever happened to personal responsibility in today's world ?

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How about the responsibility of banks to be liable for their own idiotic mistakes? Everything goes out the window when you bail corporations out. The government has shown the game is rigged so the fact that individuals want to level the playing field is fine by me. The fact that Bank of America is still doing business is an insult to capitalism and should be an insult to every American.

This is nothing new however. There are legions of strategic defaulters around the country who just decided to play a game of "chicken". It's played no small part in consumer spending since probably 2008 and there are anecdotal accounts of the number of people who have been "legally" squatting inside of their dwellings with nary a bother from the institutions which cannot locate title to the property in question.

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Trump has strategically defualted a few times and no one seems to call him a criminal.

So I cant shed too much of a tear on this subject. Someone played the game, they took a bath and they are walking away.